BlockFin Taxes: How to Generate Your Crypto Tax Report
BlockFin does not create a tax report for you. Every crypto trade and disposal is a potential tax event you are responsible for declaring. CoinTracking imports your full BlockFin transaction history via CSV export, calculates gains and losses, and generates a tax report ready for your tax authority or accountant.
How to Import Your BlockFin Transactions into CoinTracking
Watch how to export your transaction history from BlockFin as a CSV file and import it into CoinTracking to generate your crypto tax report.
Start Your Free BlockFin Import- Every crypto trade on BlockFin is a taxable disposal in most jurisdictions. Capital gains tax applies when you sell, swap or spend crypto.
- BlockFin supports CSV export for tax software. Export your transaction history from your BlockFin account and upload it to CoinTracking to generate your complete tax report.
- Transfers between your own wallets are not taxable events. Buying and holding crypto is not a taxable event.
- Under DAC8, EU-regulated crypto exchanges including BlockFin are required to report user transaction data to national tax authorities from 2026. As an EU-regulated CASP based in the Netherlands, your BlockFin trading history may be reported to your country's tax authority.
BlockFin and Your Tax Obligations
BlockFin is an EU-regulated cryptocurrency exchange based in the Netherlands. Operating under EU financial regulations, BlockFin is subject to DAC8 reporting obligations from 2026, which require it to share user transaction data with national tax authorities.
BlockFin supports CSV export for importing your transaction history into tax software. CoinTracking fully supports the BlockFin CSV import.
CoinTracking supports BlockFin via CSV file upload:
- BlockFin CSV Export: downloaded from your BlockFin account transaction history
- All crypto buy and sell transactions are supported
- CoinTracking maps BlockFin CSV columns automatically
- Full transaction history can be imported across multiple time periods
Crypto Tax Basics: What BlockFin Users Need to Know
Tax rules for crypto vary across jurisdictions. These three principles apply broadly to BlockFin users, but always verify the specifics with your local tax authority or a qualified advisor.
Trading crypto is a taxable disposal
In most countries, every sale, swap or use of crypto is a taxable event. Capital gains tax applies to the difference between what you paid (cost basis) and what you received. Transfers between your own wallets do not trigger tax.
BlockFin is an EU-regulated exchange — DAC8 applies
As an EU-regulated crypto asset service provider (CASP) based in the Netherlands, BlockFin is subject to DAC8. From 2026, it will be required to automatically report transaction data to national tax authorities. If you have traded on BlockFin and have not declared all gains, you face increasing risk of tax authority scrutiny.
Records are your responsibility
BlockFin does not issue formal tax documents. The CSV export is a raw transaction history — not a tax report. Accurate records of every trade, date, cost and proceeds remain your responsibility. CoinTracking maintains a complete, dated audit trail of every BlockFin transaction you import.
BlockFin Taxes by Country
Crypto tax rules differ by market. Below are the key rates, deadlines and filing forms for the countries where CoinTracking users trade most actively on BlockFin.
Germany
- Disposal tax: Personal income tax rate (up to 45%); gains are tax-free if held longer than 1 year (Haltefrist)
- Annual exemption: Gains up to €1,000/year are tax-free
- Staking income: Taxed as other income (Sonstige Einkünfte)
- Cost basis: FIFO per wallet
- Authority: Finanzamt
- Forms: Anlage SO, Anlage KAP
Austria
- 27.5% capital gains tax: Since March 2022, crypto is taxed like shares — a flat 27.5% KESt applies to gains.
- Old coins grandfathered: Crypto acquired before 28 February 2021 is tax-free on disposal.
- Staking and lending: Treated as capital income, also taxed at 27.5%.
- Authority: Finanzamt Austria. Report via Einkommensteuererklärung (E1 / E1kv).
Switzerland
- Capital gains: Generally tax-free for private investors (no capital gains tax on crypto disposals for non-professionals)
- Wealth tax: Crypto holdings are subject to wealth tax at cantonal rates based on year-end market value
- Income from crypto: Mining and staking rewards are taxed as income at progressive rates
- Authority: Cantonal tax authority (varies by canton)
United Kingdom
- Capital Gains Tax: 18% (basic rate) or 24% (higher rate) from October 2024
- Annual exempt amount: £3,000 (2024/25 onward)
- Staking income: Income Tax at marginal rate
- Cost basis: Section 104 pool (HMRC rules)
- Authority: HMRC
- Forms: Self Assessment SA100, SA108
Spain
- Savings income (IRPF): 19% up to €6,000; 21% up to €50,000; 23% up to €200,000; 27% up to €300,000; 28% above
- Foreign crypto disclosure: Modelo 721 required if portfolio exceeds €50,000 abroad
- Staking income: Taxed as savings income
- Authority: Agencia Tributaria (AEAT)
- Forms: Modelo 100 (IRPF), Modelo 721
Poland
- Flat rate: 19% on all crypto gains (no holding period exemption)
- Loss carryforward: Up to 5 years
- Staking income: Taxed as capital income at 19%
- Cost basis: FIFO
- Authority: Urząd Skarbowy
- Form: PIT-38
Italy
- Flat rate: 26% on gains exceeding €2,000/year (from 2023)
- Foreign holdings disclosure: Quadro RW required if portfolio exceeds €15,000
- Staking income: Taxed as capital income at 26%
- Authority: Agenzia delle Entrate
- Forms: Quadro RT (gains), Quadro RW (foreign holdings)
Portugal
- Disposal tax: 28% on gains from crypto held less than 1 year (from 2023)
- Long-term holding: Tax-free on disposal if held 1 year or longer
- Staking income: Taxed at 35% flat rate or progressive income tax rates
- Authority: Autoridade Tributária (AT)
- Forms: Modelo 3, Anexo G or Anexo J
France
- Flat 30% tax (PFU): Gains from crypto disposals are subject to the prélèvement forfaitaire unique (PFU) — 12.8% income tax + 17.2% social charges.
- No exemption for holding period: Unlike Germany, there is no tax-free threshold after 1 year.
- Staking income: Taxed as BNC (non-commercial income) if received regularly; otherwise as capital gains.
- Authority: Direction générale des Finances publiques (DGFiP). Declare via Formulaire 2086.
Tax rules change frequently. This overview is for general information only and does not constitute tax advice. Consult a qualified advisor for your specific situation.
Are BlockFin Transactions Taxable?
In most jurisdictions, crypto is treated as an asset: disposing of it can trigger capital gains tax. Use this as a starting reference. The exact rules vary by country.
Taxable Events
- Selling crypto for fiat (EUR, USD, etc.)
- Swapping crypto for crypto
- Using crypto to pay for goods or services
- Receiving crypto as income or reward
Not Taxable
- Buying and holding crypto
- Transferring crypto between your own wallets
- Depositing fiat to BlockFin
- Receiving crypto as a personal gift
Tax treatment varies by country. CoinTracking applies the rules for your selected jurisdiction automatically.
How to Calculate Your BlockFin Taxes
BlockFin's CSV export contains your raw trade history — but converting that into an accurate tax report requires calculating cost basis, holding periods and gains for every transaction.
The core calculation is straightforward: take what you received (proceeds), subtract what you paid (cost basis, calculated with FIFO), and the result is your taxable gain or loss. For German users, the 1-year holding period must also be tracked for each individual lot.
CoinTracking automates this across your full BlockFin history and produces a report your accountant or local tax authority will accept.
How to Import BlockFin into CoinTracking
Three steps to upload your BlockFin transaction history and generate your tax report.
- 1
Log into CoinTracking and open Imports
After logging in, click the Import icon in the left navigation. This is where you connect all your exchanges, wallets and blockchains.
- 2
Search for BlockFin in the import list
Type "BlockFin" in the search field. CoinTracking will show the BlockFin import option for CSV upload.
- 3
Upload your BlockFin transaction history
Log into BlockFin, go to your transaction history, select your time period, download the CSV export, and upload the file to CoinTracking. Your full trade history will be imported automatically.
"CoinTracking can handle just about any complex transaction you can throw at it and the automation is a real lifesaver. Of all the tax software tools we've reviewed, CoinTracking is the most detail-oriented and has more accuracy checks in place than the competition."
How to Create Your BlockFin
Tax Report with CoinTracking
Three steps from CSV export to a tax report your accountant will accept.
Export your BlockFin transaction history
Log into BlockFin, navigate to your transaction history, select your time period, and download your CSV export. Your full trading history will be ready to import.
Review your transactions
Open Reports → Validate Transactions. CoinTracking flags missing cost basis entries, duplicate imports and price gaps so your final report is accurate.
Generate and export your tax report
Select your country and tax year. CoinTracking generates a report formatted for your jurisdiction: PDF or Excel, ready to file or hand to your accountant.
No. BlockFin does not generate a tax report for users. It offers a transaction history export in CSV format from your account. You are responsible for converting that data into a jurisdiction-specific tax report. CoinTracking imports your BlockFin CSV and generates a complete, compliant report for your country.
Log into your BlockFin account, navigate to your transaction history or account settings, select the time period you want to export, and download your transaction history as a CSV file. Then upload the CSV file directly into CoinTracking to generate your tax report.
Yes. BlockFin is an EU-regulated cryptocurrency exchange based in the Netherlands. As an EU-regulated crypto asset service provider (CASP), BlockFin is subject to DAC8 — from 2026, it is required to report transaction data to national tax authorities. This means your BlockFin trades may be visible to your country's tax office.
BlockFin supports CSV export for importing your transaction history into tax software. CoinTracking fully supports the BlockFin CSV import format, making it easy to generate your crypto tax report.
In most EU countries, yes. Every sale, swap, or disposal of cryptocurrency is a taxable event. The gain or loss is the difference between your cost basis and the proceeds at the time of disposal. Tax-free thresholds and holding periods vary: Germany offers a 1-year exemption, Austria a flat 27.5% rate, Portugal a 1-year exemption for holdings since 2023.
DAC8 is an EU directive that requires EU-regulated crypto exchanges like BlockFin to automatically report user transaction data to national tax authorities from 2026. As an EU-regulated CASP, BlockFin will report your trading activity to the relevant tax authority in your country of residence. If you have not declared all gains, you face increasing risk of tax authority scrutiny.
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